This report based on the research of the identification of different operating environments threats like Volatile, Uncertain, Ambiguous, and Competitive and they are lying in an acronym VUCA. We discussed in detail how this acronym VUCA is implemented on the organization and how to identify it by selecting an Omani company named as "Oman Optic Fibers". It is the company which is located in Oman. It constructs and manufactures a wide variety of cables with superior quality.

In this report we first discussed the VUCA that what the meaning of it what are the causes and revolutions of it and can we deal with it efficiently and innovatively. VUCA provides an opportunity for an organization to build their ideas in innovation and creative way. We discussed in this report about what type of threat is posed by Volatile, Uncertain, Ambiguous, and Competitive on the operating environment. The managing techniques of VUCA are also discussed. Afterward we discussed the benefits of managing VUCA in an organization and barriers which we face during managing its impact. After that we discussed the strategic analysis of its basis and tools which provide strategic planning in the management of VUCA. We discussed the role of government in the world of VUCA for helping the organization. In the end, we conclude our research ineffective word.    

Table of Content

Summary. 2

Introduction. 5

Background. 6

Volatile, Uncertain, Ambiguous, And Competitive Environment: 6

Threats Posed By Volatile, Uncertain, Ambiguous, And Competitive Environment: 7

Manage in the world of VUCA: 9

Some benefits to manage in the world of VUCA: 9

Barriers in The World of VUCA Management 10

Pay Attention to It: 10

Vision, Understanding, Clarity, And Agility: 11

Your Role as A Leader: 11

Steps in Overcoming Threats. 12

Strategic Analysis: 13

Levels of Strategy Analysis: 15

Levels of Corporate: 16

Levels of Business: 16

Levels of Function: 16

Internal analysis of Strategy: 16

External Analysis of Strategy: 16

Government Role. 17

Conclusion: 19

References:

Introduction of The Threats of Operating Environment

In this report, we will study in detail about the organization strategies which include planning and processes and all aspect which lies on the business for this purpose I chosen an Omani company which is named as "Oman Fiber Optics". This company works on the construction and manufacturing of fiber world-class. This report is based on the threats of environments which affect the organization deeply. The elements of threats are Volatile, Uncertain, Ambiguous, and Competitive on the operating system. An acronym is used to summarize these words Volatile, Uncertain, Ambiguous, and Competitive as VUCA. This is the first time discovered by the American Army War college.

And the very first time used by the Americans in 2001. VUCA is the more challenging and advanced threat for the businesses in the operating environment. As there is only 18 percent of companies in the whole global which are leading the VUCA. As its 21^st century, the leaders of an organization are facing dynamic change daily. Business is the only field that is facing competition and challenges daily. As new emerging people are coming with new initiative ideas that are giving more profit to the company and efficiently reduce cost in the production of an organization. VUCA is an acronym which has four threats itself. Every word of it as Volatile, Uncertain, Ambiguous, and Competitive give one threat to business. 

As all the threats of it are less complex but the ambiguous threat is more complex it doesn't give time to re-think it just happen at once. In this report, we will study in detail the VUCA and its threats to an organization in the operating environment. I also discussed the methods of VUCA word management and dealing with it. Afterward, in the last section, we assumed our company and discussed some steps to minimize the effect of Volatile, Uncertain, Ambiguous, and Competitive on our organization. There are simply four steps with a worth high in managing the threats of Volatile, Uncertain, Ambiguous, and Competitive on operating organization. 

Background of The Threats of Operating Environment

This company "Oman Fiber Optics" was established in 1996 and early 1999 the Oman Fiber Optics started production of commenced cable. The Oman Fiber Optic company located in the Capital of Sultanate of Oman, in the Muscat. For manufacturing the world-class fiber product, the state of the art technology is used by the Oman Fiber Optic to draw and manufacture the fiber product. The company manufactures all types of fiber optic cables for all the applications, fiber optic installation, and fiber optic accessories and connectivity. The size of company employees is from 201 to 500 (Pitchbook, 2020).

Volatile, uncertain, ambiguous, and competitive environment:

The dynamic change is facing by the leaders of organizations in this 21^st century. The change is unmatchable to the speed, the intensity, and the frequency of change rapidly produced volatile, ambiguous, complex, and uncertain environments of operation. For producing challenges in organization and leadership these environmental operating elements rapidly changing in dramatic, conflicting, and relentless ways. Rather than wasting resource on the incorrect identification of the threat, every element describes the type of the change which can be identified by the leaders to fight with the unpredictability of the environment.

·         Volatile Changes --- it causes frequent changes and instability.

·         Uncertain Changes --- lack of full knowledge by leaders.

·         Complex Changes --- information and process are interconnected due to it astonish changes occur.

·         Ambiguous Changes --- in this changes lack of precedence.

In this century, according to the study of different leaders which indicates that the leaders are facing these elements as a great challenge. According to the search, there is only 18 percent of people who are leading these elements volatile, ambiguous, complex, and uncertain of the operating environment. A leader needs to be ready for competency which helps the leader in facing the changes which occur frequently, high pressure, and ambiguous and uncertain operating environments for balancing the opposite issues and conflicts calmly and maturely to thrive on the unknown. For the preparation of leaders for these elements volatile, ambiguous, complex, and uncertain of operating system needs analysis which takes place properly and carefully of the situation and spends investment on the tools, systems, and on the agile people.

Threats Posed By Volatile, Uncertain, Ambiguous, And Competitive Environment:

The different research results show that only 18% of total organizations are ready to lead with these elements as volatile, ambiguous, complex, and uncertain of an operating system. The corporate executive which are not ready to lead with these elements as volatile, ambiguous, complex, and uncertain of an operating environment this lack cause issues in the mental health, increase the stress level, due to uncertainty organization have to perform poorly, the complexity, and confession which is present in the environment of operation. The Omani company of fiber optics is also leading in the readiness with such elements volatile, ambiguous, complex, and uncertain of the operating environment (Rimita, 2019).

The performance of an organization is quickly falling at the risk when leaders of an organization twist their hands to do little and left. The elements Volatility, uncertainty, complexity, and ambiguity or known as VUCA. This is a term that is truly dynamic and surrounded by the technological advantage of transitory, fractured by markets, the disruption, have competitors multifarious, governments are unstable, markets are financially volatile, and consumers are fickle. Complexity and uncertainty of special brands are derived by these each factor. Their impact when they occur simultaneously is profound and complex.

The growth history lies in the essential conditions which are only two.

·         First, against the full of gravitation the new ideas are developed to nurture the capacity of the quo status.

·         Secondly, the new combinations need to be accelerated and forced an environment of unpredictability.

Changing the environment makes a continual sense to the capability and for the growth of mindset new ways are sought out for creating the required values (Turner, 2012). Over a few decades, the dramatic world of business is changed. The change is unpredictable, fast-paced, and constant in a society where we are living. The VUCA is an acronym that is the first time used by the army war college in the united states. This is the first organization that used this word in 2001 by terrorist attacks followed 9/11. The planners of the Military are worried about the different emerged security international environment. For describing this they used the VUCA. In 2009 Bob Johansen which belongs to the institute of the future, in his book adapted the work VUCA for the world of business.

The future is made by the leaders. In his book, he used this word to affect the organizations by reflecting the force of unpredictability, for Four threats of VUCA, he argued that for managing VUCA you need to have new approaches, new skills, and behaviors. Set of challenges represented by the VUCA which are faced by the individuals, the managers, the team, and the whole organization in the industries affected. Significantly act these challenges when individuals, but they are combined they are more challenging. 

Manage in the world of VUCA of The Threats of Operating Environment:

In certain organizations or industries, the VUCA seems like never escapes, for decreasing its effects, you have to manage your organization, your working team, and most for all your self. You have to use it as your advantage. As make your weakness as your strength. The most effective and key method to manage the VUCA is to break it down into its parts and in detail identify them. At a time deals with the one element, as every element or component of VUCA has its resolution and the causes. Johnson in his book a framework is proposed by him called as VUCA prime, for responding to the threats of VUCA. His suggestions are the following:

·         Volatility is counted by the vision

·         With the understanding meet the Uncertainty

·         With the clarity react to the complexity

·         With the agility fight the ambiguity

Some benefits to manage in the world of VUCA:

By VUCA, an organization or institute is affected, its choice of an organization to either allow VUCA to manage you and overload or overwhelm, or you manage and accept it, only you and your team decrease the effect of it. When an organization decided to VUCA accepting, then an organization against the force of unpredictable or uncontrollable empower all members of the organization to deal with it. The leadership skills or the management skills are enhanced by taking VUCA as the challenge, for making the focus of your team more effective and efficient you can take VUCA as an opportunity by keeping the focus on the area which are following:

·         Implementing

·         Making a decision

·         Creativity or innovation

·         Looking for the opportunities

·         Building a team

·         Recruitment

Barriers in The World of VUCA Management:

For managing in the world of VUCA the biggest challenge faced by the organization member who resists the change to the leader of an organization. Stop using the autocratic style of the leadership and also avoid an inflexible style of leadership, because the unpredictable world of VUCA provides in structural top-down in an archaic organization. Then the command of obedience and thinking in the group, the more worthy things are collaboration, the debate, the participation, and even disagreement these factors allows an organization to quickly take the action or decision and be flexible (Adani, 2017). Steps to minimize threat of Volatile, Uncertain, Ambiguous and Competitive Environment 

Pay Attention to It of The Threats of Operating Environment:

·         Detecting issue hard to predict

·         Understand the reason for issues

·         Appreciate the interdependent variable

·         Prepare yourself for the challenges and realities alternatives

·         Relevant opportunities are addressed

Here are some four steps which are used by any organization to deal with the VUCA they are:

Vision, Understanding, Clarity, And Agility of The Threats of Operating Environment:

·         Vision --- the activities are focused which brings you to your goal closer.

·         Understanding --- the data from stakeholders coming up to date with it.

·         Clarity --- clarity in communication to understood messages.

·         Agility --- for quick changing it provides flexibility (Kharma, 2018).

There is less evidence to provide or suggest that most of the leaders of an organization are dealing with the Volatile, Uncertain, Ambiguous, and Competitive. You deal less with it.

Your Role as A Leader of The Threats of Operating Environment:

For the lion's share, as a manager, you are the responsible person for the decisions that define how your operating your organization is? There is a need for seeking new and creative management approaches to your business when volatility, uncertainty, complexity, and ambiguity are increasing (Martin, 2019). Only by this change you are guaranteed and give as surety for positive outcomes. It is challenged by the VUCA to you that find your way. In summarizing words more concise with human needs and with humans. The purpose and meaning of this are business activities which are its central role (Vuca, 2018).    

 As I selected the Omani company named as "Oman optic fiber" as a manager at this company or organization I am responsible for my organization that how my organization is working. If we increase the impact of VUCA on our organization then we will face a decrease in the production of our organization. There are four simple steps in managing my company by minimizing the impact of threats of Volatile, Uncertain, Ambiguous, and Competitive of operating environments.

Steps in Overcoming Threats

These simple steps are vision, understanding, clarity, and agility. In this situation when VUCA impacts our organization or as precautionary measures we utilize the first step which is in which our team, leader, or an organization will focus on the measure which will take us closer to our goal which is the main point in minimizing the threat of VUCA. As VUCA challenge openly to find your way.

 The second step is understanding, as the consumers or stakeholders send data by keeping ourselves up to date can help in reducing the impact of the VUCA threat. The third step is clarity; this step looks simple but has complex in some manner. A clear chat is needed with the consumers as by clear covey of messages we understand the strategy of our consumer or customer. the fourth step is agility, the last but the most important and complex one, it provides flexibility like humans, making yourself calm and flexile is more difficult. This flexibility provides a quick change in our product. Make our product according to the demands of the consumer or customer or stakeholder which is an essential point for fighting with the threat.

This report focused on the threats which an organization faces. As this is the era, in which is things are changing daily also more challenging in every field but especially in the field of business the leaders are facing more challenges and competition. The new technology emerged by the American College of army war acronym as VUCA or Volatile, Uncertain, Ambiguous, and Competitive. This technology challenges the organizations to find your way. This acts as a threat to the organization. In VUCA generally, there are four threats as Volatile, Uncertain, Ambiguous, and Competitive. Every word has its causes and revolution. When these words are acting separately in a subsequent manner then it not effected as much harmful, but when they act simultaneously then they cause great harm and difficult to manage.

If you want to manage the cause of VUCA then split down it into single words as Volatile, Uncertain, Ambiguous, and Competitive. For managing its effect, the leader, team, and an organization role is very important. Take it as an opportunity whereas making it your weakness. For reducing the impact of VUCA or minimizing its impact on business or organization four simple steps are used which are in detail discussed in the report. Also, the methods of managing the VUCA and reducing its implementation also discussed. this all study based on the four threats that are volatile, uncertain, ambiguous, competitive.

Strategic Analysis of The Threats of Operating Environment:

The research based on the environment in which an organization is operating is known as strategic analysis. For smoothly working and making of decisions in strategic planning by formulating the strategic analysis. The investment of resources and planning systematically continually are the long-term task of strategic analysis. When strategic analysis is performed by any company the main questions which come out in the minds of leader of an organization are: in this sector the active clients? Constituted market how? For an unbeatable player in the market the organization before performing strategic analysis in company know about their competitors then perform strategy according it (Bhat, 2018). I selected the Omani company which is named as "Oman fiber optics". in this report we will analyze the company based on strategic analysis. the Omani company as "Oman fiber optics" company is a telecommunication company which provide public utility of telecommunications which creates an opportunity to create connection with the community by providing this facility to businesses, public, citizen, and government of municipal. as the services of product or the features of the product as same with the other companies of fiber optics but “Oman Fiber Optic” company distinguish themselves by providing world-class quality, superior services are provided to the customers, and impact as positively on the economics local by utilizing partners and local services owned (Bennett, 2010).

As this company is based on Oman it manufacturing and design optics it provides cable optic solutions, the services of laying cable, and trade the cables of optic fibers and provide solutions to telecom. The solution of end to end is provided by the company, the company provides construction of the cables in wide-variety, the cable variety, services and accessories of fiber optic cable are offered. It also provides cables in customized form for utilities of small time, LAN local area network, for institutes cables for indoor or outdoor, networks of campus and premises. The solutions of telecommunication provided by the company areas among other are the following: services to design network, services to implement network, services and maintenance as well as supported (Investing, 2020).

The Following Strategy Process Shows the Graphically the Strategical Analysis Which Is Following:

Levels of Strategy Analysis:

In the terms of scope there are three levels of strategic plan are involved which are the following:

·         Corporate level

·         Business level

·         Functional level      

Levels of Corporate of The Threats of Operating Environment:

            The decision in strategic level of high involves strategy of corporation at the highest level helps in sustainability of the company to achieve an advantage of competition and remains get profit in the future. It involves all the levels of corporate decisions of the company.

Levels of Business of The Threats of Operating Environment:

 The levels of business decisions lie at the level of median. For gaining the advantage at competitive level in its industry and other organization the levels of business focus company on the positions of market.

Levels of Function of The Threats of Operating Environment:

            The levels of functional lies at the lowest level. aimed for improving the business efficiency different activities focus on within and the between of functions (corporatefinanceinstitute, 2018).   

Internal analysis of Strategy of The Threats of Operating Environment:

Company which is owned by you give functioning overview by analysis of internal strategy. This analysis, access your weakness and the strengths, for improving the image of your company it gives you a strategy. The capacity of your company to grown in future and potential in future is invested internally by evaluating this.

External Analysis of Strategy:

The companies move to the external analysis as well as the internal analysis finished or completed. Act as roadblocks as several external factors in the of growth of an organization. The requirement of customers or consumers and functions of markets are need to know by you for conducting the analysis of external strategy.

The process of external analysis involves:

·         Goals are identified

·         The information is collected and analyzed

·         Strategy is constructed

·         Your strategy is implemented

·         Control and evaluation

The essential tools to for establishing the strategy analysis every organization use:

There are different tools which are utilize by different organization which helps in the analysis of strategies:   

·         SWOT analysis --- SWOT as Strength, Weakness, Opportunities and Threats

·         PESTLE analysis

·         Five Porter forces analysis – Competitive, Power of supply, power of buyer, threats, new entry risk.

·         Value chain analysis (commentator, 2019).

Government Role of The Threats of Operating Environment

Volatility is need in the federal realm especially, it is something which is expected, it's not expected that it always results in panic. In facts, the VUCA is embracing but it gives opportunities to the organization leaders and give innovative and creative ideas to enhance the ideas for leading organization. The government agencies relevance an increase. If we think we will work in the same organization with the same potential and with the same mindset then we are kidding with ourselves or doing nothing. As strategic planning is needed there which causes flexibility and causes quick change (Press, 2015).

As in the legal businesses, government help organizations by making laws. In condition when a company is facing threats of VUCA then the government help the organization. By developing agility, a firm can improve legal responsiveness of volatility. By adapting agility means disruptive and the rapid change it is the capacity of an organization. The management of the company necessary to ethics or legal obligations then compliance program is more complex (Bird, 2018).

As we know VUCA is the embracing threat that companies are facing today. This is an era that is full of challenges and competition which an organization leader is facing. As we discussed in detail about the impact of VUCA on the industry. We also discussed VUCA are four threats as volatile, Uncertain, Competitive, and ambiguous all the types of VUCA are manageable but the last type ambiguous is a complex one. The ambiguous impact is higher as compared with the other threats. The first step of organizations is to manage VUCA by four different steps which are simple as discussed above. Agility in these steps is the main focusing step to avoid VUCA. VUCA gives opportunities to business leaders to manage their business in more innovative and creative manners.

The government made some laws with the legal industries or organization for helping them against the threats which an organization faces in maintaining or developing the strategy of their organization. To avoid threats and for attracting more customers towards the organization the organizations used strategic analysis which tells in tell about the internal analysis strategies and external analysis of strategies. The analysis strategies also give some tools to manage the organization by analyzing the different factors.

The government help organization in fighting with the VUCA threat which is weak if break into four pieces but it is unbreakable when it combines. The government helps the organization by providing some management team to manage the threat and avoid it as well as the government provides some cost to an organization during the fighting with the threat.

If the government does not provide help in fighting with the VUCA threat then organizations have to deal with this threat by themself. The most essential factors for dealing with the VUCA are organization itself, a team of an organization, and the leader of the organization. But mostly the team of an organization resists to help for this agility step is more important which makes flexibility at this time of threat the organization leader needs debates with his team.

 Conclusion of The Threats of Operating Environment:

In this report we researched the different threats of acronym VUCA as Volatile, Uncertain, Ambiguous, and Competitive. We analyzed the strategies to overcome the impact of threat VUCA. VUCA is the four threats which deal with the operating environment of an organization and affect it. If VUCA as combined and effect the organization then it is very much difficult to deal with its threats. As VUCA is four threats Volatile, Uncertain, Ambiguous, and Competitive each threat has its causes and revolution. it is easy to deal with one threat at one time its impact is not more harmful as compare to combine acronym VUCA.   

In this report we discussed the different strategy analyses to deal with the impact of VUCA as the strategies are external analysis based and internal analysis based. These strategies give us some tools to fight with the threat of VUCA. VUCA threats give opportunities to the organization to find ways innovatively and creatively. As dealing with an organization in the same manner and mindset to deal as with potential in the future is just a joke neither than anything else.

In this report we discussed the different steps which deals to manage the impact of threats on an organization. There are only four steps and every step contains simplicity to understand and implement. All the steps are simple and easy and beneficial for the organization but the agility step is most important and have many worth. As implementing the fourth step on the organization reduce more quickly the impact of threat. As the fourth step contains flexibility. At the end we discussed the role of government in minimizing the impact of threat on an organization. The different laws are built to help the legal organization.